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News:
Russia – Budget Deficit for FY 2023 Reported – ~US$23.9 B
Russia – Import of Oil Products Banned by European Union and G7 Countries Amid Ukraine War
Odesa, Ukraine – Fire Accident – Power Outage Reported
Belgorod, Russia – Terror Alert Declared for Indefinite Period
Russia – COVID-19 Infections – ~9,681 New Cases and 40 Deaths Reported in Last 24 Hours
Russia and Ukraine Crisis Alerts
Location-based events such as the war in Ukraine can create cascading risks in your supply chains. Know what is happening now so that you can stay ahead of expanded cascading impacts across the EU and other regions.
The Russian invasion of Ukraine, the most significant conventional military attack on a European sovereign state since World War II, has precipitated cascading risk scenarios that will have impacts that extend far beyond the region.
Business Continuity
The increasing number of businesses halting Russia, Belarus, and Ukraine-based operations places a strain on Business Continuity programs and the ability to find alternate sources, providers, and locations.
Sanctions and halting export credit is predicted to severely impact the availability of components and raw materials with a cascading negative impact on pricing and product availability for consumers.
Humanitarian Crisis
Several million people have left for neighboring countries, where there will be a downstream impact on infrastructure, possibly with a negative impact on the ability of companies there to meet commitments.
Supply Chain Intelligence Briefing
Does your organization have operations or third parties that operate in the impacted regions? Here is a briefing from Supply Wisdom risk experts on the steps should your organization take to prepare and respond to the ongoing and escalating crisis.
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Russia - Ukraine War: Real-time and Continuous Alerts
Supply Wisdom is the only continuous monitoring solution that provides a full spectrum of real-time risk intelligence on location risk, and right now there is arguably no bigger location risk to global supply chains than the war in Ukraine. You can continue to check back to this page as it will be updated continuously.
Resources
Supply Wisdom experts are offering their views to several media outlets about the escalating situation. You can catch all the coverage and other resources below:
Supply Wisdom covers a wide range of events that are relevant to third-party and supply chain risk. Subscribe to Supply Wisdom to receive our insights and update in your inbox. You can unsubscribe anytime.
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